Until now, the condo market has been the last remaining bubble in TORONTO’s overheated real estate market, with prices hitting a record high in 2018 – and the average unit selling for more than $1,000 a square-foot. – URBANATION
Demand for new projects has slowed and long lineups have virtually disappeared. “I think those days of the modern gold rush, where every developer was selling out within 30 days are gone,” said real estate agent ADAM BRIND of Core Assets.
“You can’t just throw up a sign and say ‘we’re launching this’, and have a huge lineup.” Some see this as a healthy return to a normal market.
<PHOTO ABOVE – condo listings on Bay Street in 2017>
Speaking to a high-profile gathering of American state governors, Canada’s Minister of Transport MARC GARNEAU said time is running out to ratify the United States-Mexico-Canada trade deal – otherwise known as ‘new’ NAFTA (or in some quarters USMCA).
MARC GARNEAU also said that Canada would lift its own tariff counter-measures on $16.6-billion worth of American imports. These are affecting many US companies, especially among the northern states. And they’re certainly not doing Canada any good either.
Once the tariffs on Canadian steel (25%) and aluminum (10%) are removed by Donald Trump’s government, the negotiated agreement will be signed. Until then – it’s no deal for Canada.
Dramatic photo of the night (in the Los Angeles Times), as RAMI MALEK wins the lead actor award for his portrayal of Queen front-man FREDDIE MERCURY in ‘Bohemian Rhapsody’,
CANADA came away with two Oscars – one went to Domee Shi for ‘Best Animated Short’. The Pixar production – ‘BAO’ – is about a Chinese-Canadian woman and a ‘bao’, a little dumpling that springs miraculously to life. The eight-minute film is set in TORONTO and features many of the city’s landmarks.
“I’m an only child, so I’ve always been that overprotected little dumpling for my whole life,” Ms. Shi said in a recent interview with The Canadian Press. She shared the win with producer Becky Neiman-Cobb.
A second Oscar went to Canadian sound engineer PAUL MASSEY, alongside Tim Cavagin and John Casali in the best sound mixing category for their work on ‘Bohemian Rhapsody’. It was the eighth Oscar nomination for Massey, who lived in TORONTO for 13 years before moving to Los Angeles.
It’s under consideration by U of T’s governance, and it could replace the former McLaughlin Planetarium, closed in 1995 <PHOTO ABOVE>, at 90 Queen’s Park.
The architects are Diller Scofidio + Renfro, who were behind New York City’s High Line & the Institute of Contemporary Art in Boston. New York-based, the firm is now working with TORONTO’s architectsAlliance, and heritage consultants ERA Architects.
The University’s president MERIC GERTLER is impressed by the design. “This stunning architectural landmark will provide an invaluable opportunity to create a meeting space for scholars, and the wider city around us,” he told U of T Magazine.
The project will be home to a wide-ranging number of academic units – the School of Cities, Near and Middle Eastern Civilizations, the Institute of Islamic Studies, the Anne Tanenbaum Centre for Jewish Studies and the Archaeology Centre. It will also provide facilities for the Faculty of Law and the Faculty of Music.
Among the building’s showpieces is a recital hall, with a large window looking out on the Toronto skyline. Above the hall – there’ll be a 400-seat event space with similar skyline views. A café will be opened on the ground floor and the designers will include a multi-storey atrium leading up to the recital hall.
<Renderings by bloomimages, courtesy of Diller Scofidio + Renfro>
For more details – https://www.utoronto.ca/news/new-u-t-building-create-cultural-and-intellectual-gateway-between-university-and-city
From the NETFLIX MEDIA CENTER, February 20/2019 – “At CINESPACE Studios, Netflix will lease four sound stages, along with office and support space totaling approximately 164,000 square feet. At PINEWOOD TORONTO Studios, Netflix will also lease four sound stages and adjacent office space comprising a total footprint of approximately 84,580 square feet.”
“Both sites will support upcoming Netflix series and films, including the horror anthology series Guillermo del Toro Presents Ten After Midnight, the film Let It Snow and others, which will provide production jobs for up to 1,850 Canadians per year.”
“NETFLIX has produced many series and films in Canada starting in 2012 with the horror series Hemlock Grove (Toronto), and including Christmas Inheritance (Northern Ontario); The Holiday Calendar (Northern Ontario), In The Tall Grass (multiple locations in Ontario); Shadow of the Moon (Toronto), Polar (Toronto); I Am the Pretty Thing That Lives in the House (Ottawa) and The Christmas Chronicles (Toronto).
“Current series filming in Canada include V-Wars (Northern Ontario) and October Faction (Toronto).”
Other Canadian cities that have benefited greatly from NETFLIX – Vancouver (extra greatly) & the province of British Columbia, Winnipeg, Calgary and Montreal. The company has worked with Canadian production partners to co-produce series for global audiences including Anne with an E (CBC), Travelers (Showcase), Frontier (Discovery Canada) and the limited series Alias Grace (CBC).”
Nigel “Sugar Pop” Walters, an 18-year-old student at Earl Haig Collegiate, shows off his scissor kick during a headstand. A few days after this photo was taken by the Toronto Star, “Breakdance ’84”, TORONTO’s first ever high school street dance show was held at Riverdale Collegiate.
<PHOTO – Tony Bock, TORONTO Public Library collection>